introduction to indian economy section 7 Practice Questions Answers Test with Solutions & More Shortcuts
Introduction to Indian Economy PRACTICE TEST [14 - EXERCISES]
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introduction to indian economy section 14
Question : 26 [SSC SAS 2010]
The Government has renamed NREGA scheme and the name associated with the scheme is that of
a) Jawahar Lal Nehru
b) Rajiv Gandhi
c) Mahatma Gandhi
d) Indira Gandhi
Answer »Answer: (c)
The Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA) is an Indian job guarantee scheme, enacted by legislation on August 25, 2005.
It aims at enhancing the livelihood security of people in rural areas by guaranteeing hundred days of wage employment in a financial year to a rural household whose adult members volunteer to do unskilled manual work.
The law was initially called the National Rural Employment Guarantee Act (NREGA) but was renamed on 2 October 2009.
Question : 27
Which among the following states have the first family planning clinic?
- New Delhi
- Uttar Pradesh
- Karnataka
- Maharashtra
a) 2 only
b) 3 only
c) 1 only
d) 4 only
Answer »Answer: (b)
The family planning programme was officially launched in 1962. The first two family planning clinics were opened in Karnataka in 1930 which were supposed to be the first such in the world
Question : 28
Which of the following statements is/are correct?
- If a country is experiencing increase in its per capita GDP, its GDP must necessarily be growing.
- If a country is experiencing negative inflation its GDP must be decreasing.
a) Both 1 and 2
b) Only 2
c) Only 1
d) Neither 1 nor 2
Answer »Answer: (a)
GDP per capita is often used as an indicator of living standards. Notably on the rationale that all citizens would benefit from their country’s increased economic production as it leads to an increase in consumption opportunities which in turn increases the standard of living.
Question : 29
Consider the following statements:
- The basic objective of the Viability Gap Funding Scheme is to promote PPP investment in Infrastructure
- The Infrastructure Projects are funded up to 20% by the Central Government
a) 2 only
b) 1 and 2
c) 1 only
d) Neither 1 nor 2
Answer »Answer: (b)
Question : 30 [SSC CGL 2016]
Kutir Jyoti Scheme is associated with
a) Promoting employment among rural unemployed youth
b) Promoting cottage industry in villages
c) Providing electricity to rural families living below poverty line
d) All of these
Answer »Answer: (c)
The Government launched Kutir Jyoti Programme on the occasion of Nehru Centenary Year (1988-89) for extending single point light connection to the households of rural poor families below the poverty line.
These were to include Harijan and tribal families. The programme had come under criticism for rampant increase in transmission & distribution (T&D) losses.
IMPORTANT indian economy mcq EXERCISES
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Introduction to Indian Economy Shortcuts »
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indian economy MCQ CATEGORIES
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» Introduction to Indian Economy
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» Planning, Economic Development & Five year Plans
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» National Income & Human Development Index
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» Agriculture Sector, Subsidy and Food Processing
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» Industries, Manufacturing & Service Sectors
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» Inclusive growth, Sustainable development and employment
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» Poverty & Unemployment
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» Introduction to Micro Economics
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» Introduction to Macro Economics
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» Macro fundamentals, GDP, Investment, Growth
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» Demand & Supply, Profit Loss, Inflation & Price Index
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» Fiscal Policy, Public Finance and Monetary Policy
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» Money Supply, Banking and Financial Institutions
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» Taxes Types, Methods & Budgeting Process
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» Banking, Security Market & Insurance
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